Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Wednesday, January 22, 2014

Forex Market Outlook: Yen & Hong Kong Dollar


The Japanese Yen will continue to be very weak , although I bought a few recently , because there are so many shorts at the moment . I am trying to be a trader , though I am a terrible trader . So if I am trying to go long the yen , it is undoubtedly going to go down . The Honk Kong Dollar is probably OK to buy .


Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

The Upcoming Market Correction



"What will happen is that the FED will continue to taper and the markets will get worried each time and eventually, the markets will go down 10 to 20 percent. Then the central banks will get scared, especially in Washington. Remember, these people are just bureaucrats, these are just academics. That is why they work for the government. They do not know what they are doing. If they get scared, they will start printing money again and then the market will heave a big sigh of relief and go up again." - in Economic Times





Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

India: I am Not Optimistic About The Rupee

"I am not optimistic about the rupee. You constantly have huge deficits, trade deficits, government deficits and inflation. If they would make the rupee convertible, then we can find a real free market value of the rupee. I would probably be extremely interested in India and in the rupee, but as long as you have got all these blockages, with the Indian government and Indian central bank trying to control everything, you cannot have a real market. So I am not too optimistic about the rupee." - in Economic Times






Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "
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